Tried this recipe from Sharmi's blog Sharmis passion. It came out really good..
1.5 cups all purpose flour
1 tsp cornflour
1/2 tsp salt
1 tsp baking powder
1/4 cup cooking butter
3/4 cup powdered sugar
3/4 tsp vanilla essence
3/4 cup milk
2 tbsp coloured sugar balls
Sieve the flours, salt and baking powder together for two times.
Beat butter and sugar well till fluffy. Mix the essence and milk seperately and add it to the butter mix. Beat till creamy and add the flour mix slowly. Mix well till smooth without lumps. Add coloured sugar balls and mix.
Line the muffin liners in the tray and pour batter till 3/4th. To make a big cake, the same batter can be poured into a cake baking tray too.
Preheat oven to 180 degrees and bake for 25-30 minutes till toothpick comes out clean. Cool for 10 minutes and serve.
Garnish as desired.